Reported about 18 hours ago
On July 2, 2025, as Wall Street hits new record highs fueled by tech stocks and a U.S.-Vietnam trade deal, investors are bracing for the crucial June jobs report. With uncertainty after weak private payroll data and an expected addition of 110,000 jobs, a disappointing report could escalate expectations for interest rate cuts. This comes amidst a backdrop of fiscal concerns and potential new tariffs, with U.S. markets poised for early closures ahead of the Independence Day holiday.
Source: YAHOO